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The clipping this text was read from
The clipping this text was read from

Freeman Announces

’64 Wheat Program

Secretary of Agriculture Orville L. Freeman’s March 29 announcement on the 1964 wheat program included the following actions:

1. May 2l was set as the date for a marketing quota referendum among producers.

2. The national marketing quota for 1964 was set at 1.220 million bushels and the national acreage allotment at 49.5 million acres — the same as the 1962 allotment. 3. State acreage allotments were announced, based on the national allotment. There will be no noncommercial wheat-producing States designated under the 1964 program.

4. The national average price supports for 1964-crop wheat were set at $2 per bushel for certificated wheat and $1.30 per bushel for noncertificated wheat if quotas are approved. 5. The wheat marketing allocation for certificated wheat is set at 975 million bushels, 80 percent of the national marketing quota. Individual producers will receive marketing certificates for 80 percent of the normal production on their acreage allotments. 6. Payment rates were announced for diversion of wheat acreage to conserving uses. The payment rate to wheat producers who stay within their allotments and meet the land-use requirements will be 30 percent of the county price - support rate (reflecting the $2 support price) times the normal yield per acre times the acreage reduction. (Acreage eligible for this payment will be equal to 11.11 percent of the 1964 allotment for each JUrm.. This acreage represents the difference between the 1964 allotment and what (Continued on page 2)

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